Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nasdaq  >  Cypress Semiconductor Corporation    CY

Delayed Quote. Delayed  - 09/29 10:00:00 pm
11.99 USD   +1.18%
02:01p CYPRESS SEMICON : New Design Contest Sponsored by Cypress and Hackst..
09/28 CYPRESS SEMICON : Global LPC Microcontroller Market 2016- NXP, Kyoce..
09/27 CYPRESS SEMICON : ex-dividend day
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Cypress Semiconductor Corporation : U.S. Patent and Trademark Office Confirms Cypress SRAM Patent Asserted in Cypress's ITC Action Against GSI Technology

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/03/2012 | 02:40pm CEST

Cypress Semiconductor Corp. (Nasdaq: CY) today announced that the U.S. Patent and Trademark Office (PTO) has completed its re-examination of Cypress's U.S. Patent No. 7,142,477 and confirmed its validity. In particular, the PTO confirmed without amendment both of the claims being asserted by Cypress in the International Trade Commission's (ITC) patent infringement case against GSI Technology Inc., and allowed 64 new claims added by Cypress during the re-examination.

"The Patent and Trademark Office's re-examination review was exhaustive," said Dana Nazarian, executive vice president of Cypress's Memory Products Division. "The '477 patent was re-examined in light of all of the prior art submitted by GSI in its re-examination request, as well as prior art used by GSI in its defense of the ITC investigation. The PTO ruling confirms what we've known all along - that the '477 patent is rock-solid.

"In a November 2011 press release, Lee-Lean Shu, the CEO of GSI, said 'we are confident that completion of the re-examination will result in a final rejection of these claims,'" Nazarian continued. "The PTO not only reaffirmed the '477 patent, it allowed 64 new claims. It is now clear that Mr. Shu's prediction about the '477 patent was wrong."

In June 2011, Cypress filed a complaint with the ITC alleging that GSI's SigmaQuad-II™, SigmaQuad-III™ and SigmaDDR™ SRAM families infringe four Cypress SRAM patents. The case was later expanded to include GSI's standard synchronous and ZBT SRAMs, as well as a proprietary product made by GSI for its largest customer. The complaint seeks an exclusion order from the ITC that would prevent the importation of all infringing GSI SRAMs. The trial has been completed, and the ITC is expected to rule on this case in late July.

About Cypress

Cypress delivers high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and exceptional system value. Cypress offerings include the flagship PSoC® 1, PSoC 3 and PSoC 5 programmable system-on-chip families and derivatives, and CapSense® touch sensing and TrueTouch® solutions for touchscreens. Cypress is the world leader in USB controllers, including the high-performance West Bridge® solution that enhances connectivity and performance in multimedia handsets, PCs and tablets. Cypress is also the world leader in SRAM memories. Cypress serves numerous markets including consumer, mobile handsets, computation, data communications, automotive, industrial and military. Cypress trades on the Nasdaq Global Select Market under the ticker symbol CY. Visit Cypress online at www.cypress.com.

Cypress and the Cypress logo, PSoC, CapSense, TrueTouch and West Bridge are registered trademarks of Cypress Semiconductor Corp. All other trademarks are property of their owners.

Cypress Semiconductor Corp.
Joe McCarthy, 408-943-2902
Corporate Communications
jmy@cypress.com


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CYPRESS SEMICONDUCTOR CORP
02:01p CYPRESS SEMICONDUCTOR : New Design Contest Sponsored by Cypress and Hackster Enc..
09/29 CYPRESS SEMICONDUCTOR : Patent Issued for Modified Local Segmented Self-Boosting..
09/28 CYPRESS SEMICONDUCTOR : Global LPC Microcontroller Market 2016- NXP, Kyocera Gro..
09/27 CYPRESS SEMICONDUCTOR CORPORATION : ex-dividend day
09/16 CYPRESS SEMICONDUCTOR : Enables Secure, High-Speed Networking for Automotive Bod..
09/15 CYPRESS SEMICONDUCTOR : Patent Issued for Self-Aligned Trench Isolation in Integ..
09/15 CYPRESS SEMICONDUCTOR : Patent Issued for Semiconductor Device and Method for Ma..
09/13 CYPRESS SEMICONDUCTOR : Enables Secure, High-Speed Networking for Automotive Bod..
09/13 CYPRESS SEMICONDUCTOR : Introduces Single-Chip Automotive MCU Solution that Driv..
09/13 CYPRESS SEMICONDUCTOR : Delivers Industry's First USB-C™ Solutions Support..
More news
Sector news : Semiconductors - NEC
08:49aDJNXP SEMICONDUCTORS : Auto Systems Appeal to Qualcomm as It Eyes $30 Billion Deal..
08:48aDJQUALCOMM : Chip Giant Pursues $30 Billion Takeover -- WSJ
09/29DJNXP SEMICONDUCTORS : Qualcomm in Talks to Acquire NXP Semiconductors -- Update
09/29DJNXP SEMICONDUCTORS : Qualcomm Eyes Dutch Chip Company NXP for Its Auto Expertise
09/29DJNXP SEMICONDUCTORS : Qualcomm in Talks to Acquire NXP Semiconductors
More sector news : Semiconductors - NEC
News from SeekingAlpha
09/25 Ladies And Gentleman, Here Are The Talking Feds
09/22 Stocks Going Ex-Dividend The Fifth Week Of September
09/12 Retail's In A Tough Situation - Cramer's Lightning Round (9/9/16)
09/02 GE Takes On China
08/30 Cypress Semiconductor +6%; private-equity takeover speculated
Advertisement
Financials ($)
Sales 2016 1 921 M
EBIT 2016 209 M
Net income 2016 -215 M
Debt 2016 516 M
Yield 2016 3,17%
P/E ratio 2016 -
P/E ratio 2017 42,40
EV / Sales 2016 2,27x
EV / Sales 2017 2,02x
Capitalization 3 851 M
More Financials
Chart CYPRESS SEMICONDUCTOR CORP
Duration : Period :
Cypress Semiconductor Corp Technical Analysis Chart | CY | US2328061096 | 4-Traders
Full-screen chart
Technical analysis trends CYPRESS SEMICONDU...
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 12,9 $
Spread / Average Target 7,5%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Hassane El-Khoury President, Chief Executive Officer & Director
H. Raymond Bingham Executive Chairman
Minh Pham Executive VP-World Wide Manufacturing & Operations
Thad Trent Chief Financial Officer & EVP-Administration
Paul D. Keswick EVP-Marketing, IT, Legal & Human Resources
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CYPRESS SEMICONDUCTOR ..22.22%3 851
INTEL CORPORATION8.33%176 561
TAIWAN SEMICONDUCTOR M..--.--%153 578
TEXAS INSTRUMENTS INCO..27.42%70 064
NVIDIA CORPORATION104.49%36 059
NXP SEMICONDUCTORS NV14.09%33 258
More Results